Release date: 30 January 2006
Promoter – Financial Intermediary
BANCA CARIGE S.p.A.
The loan will be extended to Banca Carige's subsidiaries under a co-debtorship structure: Cassa di Risparmio di Savona S.p.A., Cassa di Risparmio di Carrara S.p.A., Banca del Monte di Lucca S.p.A. and Banca Cesare Ponti S.p.A.
Contact: Dott. Emilio Chiesi
U.K. Representative Office
Wax Chandlers' Hall
6, Gresham Street
EC2V 7AD London (UK)
Location
Description
Global Loan to finance SMEs (with up to 250 staff) for at least 70% of the facility amount. The remaining portion of the proposed Global Loan (no more than 30%) could be dedicated to selected human capital projects.
Objectives
To sustain small and medium-sized projects aimed at increasing the productivity and competitiveness of small and medium-sized enterprises as well as other investments compliant with the EIB’s eligibility criteria.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 100 million.
Total cost (Approximate amount)
Not Applicable.
Environmental aspects
Complying with EU and national legislation on environmental protection and right of on-site inspection.
Procurement
Complying with EU procurement procedures. For large investments the Bank recommends that international bidding procedures be followed whenever possible, even if EU directives do not apply.
Status
Signed - 11/05/2006
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).